Per­cep­tive steers Lian­Bio's glob­al­ly con­nect­ed Chi­na strat­e­gy to $325M IPO

Lian­Bio was found­ed to tack­le a big mis­sion: to take the in-li­cens­ing strat­e­gy that’s been pop­u­lar­ized in Chi­na over the past decade and su­per­charge it with rich glob­al con­nec­tions and a cre­ative ap­proach to deal­mak­ing.

Now, the high-pro­file Per­cep­tive start­up has bagged $325 mil­lion to go even big­ger as a pub­lic com­pa­ny.

The biotech has priced its IPO at $16 a share — for more than 20 mil­lion shares — giv­ing it a ful­ly di­lut­ed val­ue of about $1.88 bil­lion, ac­cord­ing to Bloomberg.

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